According to the most recent Counterpoint Market Monitor data, smartphone shipments in India fell 11% year-on-year to over 45 million units in Q3 2022 (July–September). The YoY fall, the first for a third quarter, can be attributed to a high base last year due to pent-up demand in Q3 2021 as well as reduced consumer demand in the entry-tier and budget segments in Q3 2022. Continue reading “India mobile phone shipments declined 15% YoY in Q3 2022: Counterpoint”
Counterpoint has released the statistics for India smartphone market shipments for Q2 2021 which reveals that the smartphone market in India has crossed 33 million shipments with Xiaomi leading the market. Continue reading “India smartphone market grew 82% YoY in Q2 2021, crosses 33 million shipments: Counterpoint”
The Indian smartphone market has strongly recovered in the third quarter 2020, shipping over 53 million units and growing by 9% YoY. The growth in this quarter comes after a decline was recorded in Q2 2020, which was caused due to the pandemic restrictions. As the restrictions have been largely lifted, the market bounced back quickly, with Samsung in the lead followed closely by Xiaomi.
After a sharp decline during Q2 2020, the Indian smartphone market has made a strong recovery in the third quarter of 2020, recording a growth of 8% YoY and shipping about 50 million units according to a report from Canalys. Xiaomi continues to lead the market, followed by Samsung, Vivo, realme and OPPO.
Indian smartphone market has shrinked for the first time in Q4, 2014, as per latest report from IDC. Mobile shipment stood at 64.3 million units in Q4 2014, reflecting a quarter-on-quarter drop of 11% over Q3 2014 and an annual drop of 5%.
Continue reading “India smartphone market declines for the first time in Q4, 2014: IDC”
